Tenant Deposit Protection Rules
Residential Landlords have a legal obligation to pay deposits received from tenants into a deposit protection scheme?
Your deposit must be protected if you have an Assured Shorthold Tenancy Agreement which is the most common type of tenancy agreement used for residential properties.
A Landlord or Agent has to protect your deposit with an authorised scheme and give you certain written information about the scheme within 30 days from when you pay your deposit. The deposit must remain protected throughout the tenancy.
A Landlord or Agent must provide you with their own contact details and the contact details of the Deposit Protection Scheme they use to protect a deposit.
The Landlord or Agent must also give you a scheme leaflet and written information about:
Landlords can be penalised by the Courts where they fail to protect a deposit within the time limits provided.
A Tenant could make a compensation claim against a Landlord or Agent who fails to protect a deposit or protect it late.
A Tenant has 6 years to make a claim for compensation and they do not need to wait until their tenancy has ended and moved on.
If you are a Tenant and want to make a compensation claim against your Landlord if they have breached any of their obligations regarding the protection of your deposit.
More information can be found here.
The contents of our blogs is to be treated as general guidance only. Please do not take any action based on the content of our blogs unless you have specifically instructed us to provide you with legal advice. CSB Solicitors do not accept responsibility for any errors or inaccuracies, loss, or damage in circumstances where there is no formal retainer between us and where we have not given you specific advice relating to a matter and where you have given us full details of the same.
The contents of our blogs are based on English Law, and because they contain historical material, that information may be out of date. For that reason, please consider the date that the blog was posted and remember that the laws may differ in different legal jurisdictions.
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